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NSBU Procurement Principles<br />
• Comply with EU/Norway/UK Procurement<br />
Regulations (objective, transparent, non-<br />
discriminatory)<br />
• Use Oil & Gas Directory registered suppliers<br />
(FPAL & Achilles)<br />
• Competitive bidding is our preferred approach<br />
• Tendering through electronic medium is favoured<br />
• Bid evaluation is value based<br />
• Use Contract Management Plans reflecting value,<br />
risk and contract complexity<br />
• Access opportunities for regional and global<br />
leverage.